Klein Steven M 4

What Happened
Steven M. Klein, Sr. EVP, COO and director of Columbia Financial, Inc. (CLBK), acquired 50,000 shares on July 20, 2026, at $10.00 per share, for a total transaction value of $500,000. The Form 4 lists the transaction as a purchase (transaction code P), indicating an insider buy rather than a sale.

Key Details

• Transaction date: July 20, 2026
• Filing date: July 22, 2026 (filed within the typical two-business-day Form 4 window)
• Transaction type: Open-market or private purchase (Code P)
• Price and size: 50,000 shares @ $10.00 per share = $500,000 total
• Shares owned after transaction: Not specified in the provided filing
• Footnote: F1 — "Does not reflect the final allocation of shares from the Northfield Bank employee stock ownership plan, which was terminated effective as of July 10, 2026."
• Exhibit: Exhibit 24 — Power of Attorney

Context
Insider purchases by senior executives are often viewed as a positive signal because they represent management buying company stock, but they are not proof of future performance. The filing’s footnote about the Northfield Bank ESOP termination suggests allocation details may still be settling and could affect ultimate ownership figures.